Account Receivable Supervisor

1 month ago


Walton, Kentucky, United States Verst Full time
{"Job Title": "Account Receivable Supervisor", "Job Description": "Job Summary

Verst Logistics is seeking an experienced Account Receivable Supervisor to join our team. As a key member of our finance department, you will be responsible for managing the collection and application of payments from customers, ensuring timely and accurate processing of cash receipts, and working closely with internal billing teams to resolve past due invoices.

Key Responsibilities
  • Collect and apply payments from customers according to payment terms.
  • Enter cash receipts daily into accounting ERP for all funds received.
  • Work with internal billing teams to resolve past due invoices with customers.
  • Establish a process for sending statements to customers on a consistent schedule.
  • Responsible for new customer set up process within accounting software.
  • Responsible for creating a credit check/review process for all new customers.
  • Identify and propose opportunities for automation or increased efficiency in the A/R process, specifically around the billing and cash receipts process.
  • Responsible for creating a finance charge/credit hold policy to apply to customers.
  • Assist with month end functions such as A/R close, A/R reconciliation to general ledger, bank reconciliation, cash flow forecasts, etc.
  • Ensure that transactions are posted timely and correctly to the company general ledger.
  • Prepare aging reports to identify any customers that consistently exceed payment terms and provide details to internal leadership team.
  • Process intercompany billings and transactions.
  • Ensure proper accounting principles and separation of duties are being adhered to.
  • Research and resolve A/R issues directly with customers on past due collections or short-paid invoices to get paid in full.
  • Provide ad hoc information or reports as requested.
  • Work with internal billing teams to document correct billing contacts, customer invoice submission process and best practices.
  • Establish and maintain weekly aging review with the billing teams/operations for their customers.
  • Work with IT and management on improving customer sales/cash receipts reporting as well as customer aging.
  • Work with billing teams to refine current customer set-up process including parent child relationship, customer code naming rules and parent/child relationships needed for improved sales reporting.
  • Define and create a process to track the days sales outstanding for the customer and companies.
Requirements
  • Associates or Bachelor's degree in accounting/finance or business preferred.
  • Strong communication and interpersonal skills.
  • Knowledge and proficiency with Excel spreadsheets.
  • Knowledge and proficiency with Microsoft Great Plains would be preferred.

The incumbent must be able to perform all the essential functions of this job, either with or without reasonable accommodation.

"}

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